The Pulitzer Prize-winning author of The Prize joins a leading expert on the global marketplace to present an incisive overview of the risks and opportunities that are emerging as the balance of economic power shifts between government and the free market. Drawing on interviews with heads of state and CEOs worldwide, The Commanding Heights is a revealing, in-depth investigation of how the upheavals of the last twenty years - including China’s entrance into world markets, increased deregulation and privatization, and the new battle over globalization - have radically transformed our world and what these changes portend for the future. This paperback edition is updated throughout and features two new concluding chapters.